From Nasdaq:

The benchmark S&P 500 and Dow slipped as Treasury yields rose. A slew of government and corporate bond issuances are due later this week. Among the S&P 500’s sectors, energy stocks were the hardest hit, while healthcare led gains. Market participants see a 61% chance the Fed could slash rates by at least 25 basis points in March.

Boeing weighed on the Dow while Juniper Networks surged 22.2% after reports of a possible buyout by Hewlett Packard. Plus, the S&P index recorded 10 new 52-week highs and Nasdaq recorded 50 new highs. The views expressed herein are the author’s and do not necessarily reflect Nasdaq, Inc.’.Statement-Identifier’.



Read more: US STOCKS-S&P 500, Dow drop as Treasury yields tick up; inflation data eyed